On encapsulation inside the supercage of zeolite‐Y planar Cu (II)–Schiff base complexes show the modified structural, optical and functional properties. The electronic effect of the different substituent groups present in the catalyst plays the decisive role towards their reactivity in the homogeneous phase but after the encapsulation in zeolite Y, reactivity is mainly governed by the molecular dimensions of the guest complexes rather than the electronic factor of the substituent groups attached on them. These systems are well characterized with the help of different characterization tools like XRD analysis, SEM ‐ EDX, AAS, FTIR, XPS, DSC, TGA, BET and UV–Visible spectroscopy and the comparative optical and catalytic studies have provided a rational explanation of enhanced reactivity of zeolite encapsulated metal complexes for various oxidation reactions compared to their corresponding solution states.